Enphase Energy, Inc. (ENPH) vs NVIDIA Corporation (NVDA)

A side-by-side comparison of Enphase Energy, Inc. and NVIDIA Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.

Compare
Different business models: ENPH is classified in Energy; NVDA is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnENPH vs NVDA

growth of $100 · dividends reinvested · last 10y
ENPH +1925.3% (+35.1%/yr)NVDA +14538.6% (+64.6%/yr)NVDA compounded faster over this window
Log scale — wide-divergence pair
101001k10k100kStart $10020182020202220242026$2,025$14,639
ENPH NVDA

ENPH vs NVDA: by the numbers

  • NVDA is the larger company ($5.29T vs $4.80B market cap).
  • NVDA trades at the lower trailing earnings multiple (27.60 vs 36.35 P/E), one valuation lens rather than an overall verdict.
  • NVDA converts more revenue to profit (63.66% vs 10.09% net margin).
  • NVDA grew revenue faster over the past five years (69.34% vs 4.60% CAGR).
  • NVDA pays a dividend (0.13% yield), while ENPH has no payments in the available dividend history.

Metrics side by side

Valuation

MetricENPHNVDA
P/E ratio36.3527.60
Forward P/E18.1923.59
P/S ratio3.6217.45
P/B ratio4.0623.09
EV / EBITDA25.7926.35
FCF yield3.18%2.40%

Profitability

MetricENPHNVDA
Gross margin46.95%74.67%
Operating margin8.27%65.21%
Net margin10.09%63.66%
ROE11.34%84.23%
ROIC3.82%59.61%

Dividends

MetricENPHNVDA
Dividend yieldN/A0.13%
Payout ratioN/A3.54%

Growth (annualized)

MetricENPHNVDA
Revenue CAGR (5Y)4.60%69.34%
EPS CAGR (5Y)4.13%94.31%
FCF CAGR (5Y)-9.69%82.12%
Total return CAGR (5Y)-25.28%57.72%

Frequently asked

Which has the lower trailing P/E, ENPH or NVDA?
NVDA has the lower trailing P/E: ENPH trades at 36.35 and NVDA at 27.60. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ENPH or NVDA?
Over the past five years, NVDA grew revenue faster — ENPH at a 4.60% CAGR versus NVDA at 69.34%.
Does ENPH or NVDA pay a bigger dividend?
NVDA pays a dividend (0.13% yield), while ENPH has no payments in the available dividend history.
Is ENPH or NVDA more profitable?
NVDA runs the higher net margin — ENPH at 10.09% versus NVDA at 63.66%.
How have ENPH and NVDA total returns compared?
Over the past 10 years, ENPH delivered 35.24% and NVDA delivered 64.96% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.